Willdan (WLDN) Director Reports Large Insider Sales, Retains 70,696 Shares
Rhea-AI Filing Summary
Willdan Group insider sale disclosure — Director Thomas D. Brisbin reported multiple open-market sales of Willdan Group, Inc. (WLDN) common stock executed on 08/22/2025. The Form 4 lists seven separate sales totaling 117,595 shares sold on that date at weighted-average prices shown per lot, with reported weighted-average prices ranging from the low $104s to about $111. After these transactions the reporting person beneficially owned 70,696 shares, which include 8,739 restricted shares that vest on dates in 2026 and March 7, 2026. All reported transactions are coded as sales and were signed by an attorney-in-fact on 08/26/2025.
Positive
- Disclosure compliance: Form 4 timely reports insider sales and ownership as required under Section 16.
- Remaining ownership detailed: Reporting person retains 70,696 shares, including 8,739 restricted shares with specified vesting dates.
Negative
- Substantial insider selling: Aggregate of 117,595 shares sold on 08/22/2025.
- No rationale provided: The filing contains no explanation for the concentrated sales activity.
Insights
TL;DR Director executed sizable open-market dispositions totaling 117,595 shares on one date, leaving 70,696 shares outstanding.
The Form 4 shows concentrated sales activity on 08/22/2025 across seven lots, with weighted-average prices reported for each lot and an aggregate reduction in beneficial holdings to 70,696 shares. The filing discloses that 8,739 of those remaining shares are restricted and subject to vesting through mid-2026. For investors, this is a clear compliance disclosure of insider selling; it contains precise share counts and price ranges but no explanation for the sales.
TL;DR Routine Section 16 disclosure of director stock sales with vesting schedule detail for remaining restricted shares.
The report identifies Thomas D. Brisbin as a director and records multiple open-market sales on a single date. The filing documents the vesting schedules for restricted stock that remain beneficially owned, providing transparency on indirect ownership. The Form 4 is procedural and compliant; it does not present additional corporate actions or governance changes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,615 | $104.58 | $1.11M |
| Sale | Common Stock | 4,910 | $105.36 | $517K |
| Sale | Common Stock | 7,520 | $106.68 | $802K |
| Sale | Common Stock | 8,974 | $107.65 | $966K |
| Sale | Common Stock | 24,988 | $108.90 | $2.72M |
| Sale | Common Stock | 33,096 | $109.39 | $3.62M |
| Sale | Common Stock | 27,492 | $110.84 | $3.05M |
Footnotes (1)
- The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $104.06 to $105.01, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1), footnote (3), footnote (4), footnote (5), footnote (6), footnote (7) and footnote (8). Includes (i) 1,781 shares of restricted stock that vest on June 11, 2026, (ii) 1,124 shares of restricted stock that vest on June 12, 2026, and (iii) 5,834 shares of restricted stock that vest on March 7,2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $105.1 to $106.01, inclusive. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $106.12 to $107.04, inclusive. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $107.16 to $108.13, inclusive. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $108.16 to $109.15, inclusive. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $109.16 to $110.13, inclusive. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $110.18 to $111.16, inclusive.
